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01.07.2016 18:57:00

Mondelez International, Inc. -- Moody's says Mondelez's Interest in Acquiring Hershey is Credit Negative

New York, July 01, 2016 -- Moody's Investors Service said in an issuer comment published today that the preliminary, non-binding, indication of interest from Mondelez International, Inc. ("Mondelez", Baa1/P2 stable) to acquire The Hershey Company (A1/P-1) is a credit negative for Mondelez creditors, although it does not currently affect its Baa1/P2 ratings or stable outlook. For further information please see the Issuer Comment at www.moodys.com.

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